Archive for the ‘Biblical Economics & Money’ Category
Friday, January 18th, 2013
In an attempt to circumvent the debt ceiling issue, the Administration passed an idea by the public to see the reaction- create a $1,000,000,000,000 coin and deposit it with the Federal Reserve Bank thus creating money in one simple act. Clearly, it did not fly. History will ask the question ...
Posted in Biblical Economics & Money | Comments Off on The Trillion Dollar Coin
Thursday, January 17th, 2013
“Geithner says gov’t will borrow from federal employee pension fund to avoid passing debt limit” OK, let’s see how this issue progresses: Step 1 Replace all Social Security funds with U.S. Government IOU’s Step 2 Replace all Government Pension Funds with U.S. Government IOU’s Step 3 ...
Posted in Biblical Economics & Money | Comments Off on Tapping into Pension Fund to get around debt ceiling
Thursday, January 17th, 2013
Countries are starting to get desperate. The good ole’ times are over. The debt-based system is teetering now and it is every man for himself. Germany’s demand for its gold (over a 7 year period) is just another example of Central Banks beginning to align themselves for a currency conflict. ...
Posted in Biblical Economics & Money | Comments Off on Currency War on the horizon
Wednesday, January 16th, 2013
The following article supports the numerous blogs I have written in the past about the importance of gold & silver as insurance against economic calamity: http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9804444/Bundesbank-to-pull-gold-from-New-York-and-Paris-in-watershed-moment.html I guess the Germans are getting a little concerned as well
Posted in Biblical Economics & Money | Comments Off on Germany is expected to repatriate Gold
Tuesday, January 15th, 2013
Let’s say you have access to power and authority under the current system. You also have a considerable amount of wealth yourself or access to wealth. This is a two phase process. First, you initiate a fiat currency system in society and everyone is convinced that this system is ...
Posted in Biblical Economics & Money | Comments Off on The Big Picture of how to steal wealth
Monday, January 14th, 2013
In 2012 gold only went up 7% in price. We could only wish all investments could achieve the same return on investment (ROI). Gold is honest money held in order to protect investors from the destruction of paper money. Central Banks continue to destroy value of paper money and now ...
Posted in Biblical Economics & Money | Comments Off on Honest Money in 2013
Monday, January 7th, 2013
The release of economic data tends to favor the sitting president. Government statistics are released and are usually overstated to the positive and then later revised downward to the real numbers. The revised numbers are normally on “page 5” and not the headline of the news. Had the real numbers ...
Posted in Biblical Economics & Money | Comments Off on Double Dip Recession at hand
Friday, January 4th, 2013
Right on the heels of my blog is the expected all out assault on the precious metals. Each and every time that there is a major economic event that should put gold & silver in a positive light, the opposite happens. It is my belief that this is a managed ...
Posted in Biblical Economics & Money | Comments Off on All Out Assault
Thursday, January 3rd, 2013
I have spent the last two years slowly accumulating gold & silver shares as funds have allowed. I don’t give financial advise but I do share with others what I am doing myself. Based on my personal observations and navigating through all the macroeconomic numbers, there is a true lack ...
Posted in Biblical Economics & Money | Comments Off on The Year of Gold Miners
Saturday, December 29th, 2012
Let’s first review my view from last year- Silver: “It is clear the silver has greater volatility attached to it, especially with an 81.9% move in 2010. At this writing, I expect to see a drop similar to 2008. Those that have the ability to manipulate the price will ...
Posted in Biblical Economics & Money | Comments Off on Gold & Silver in 2013